Crypto
Meme Frog Tumbles to $0.00000422 as Q4 Begins
PEPE, the meme cryptocurrency, has taken a hit in Q4 as it slipped 7.19% to $0.00000422 on October 3rd. This decline reverses September's gains, which saw PEPE rise by 20.2% from $0.00000355 to $0.00000427.
The token's market cap is at $1.78B, with a total cross-exchange trading volume of $345.83M. However, its one-year performance paints a sobering picture: PEPE has declined by 57.30% from $0.00000991 to its current price.
The Binance spot print is crucial in this context, showing quiet distribution rather than panic selling. The technical configuration of the RSI and MACD suggests that momentum has stalled, with a bearish lean indicating the likelihood of further decline.